Hi sifus out there,

may i know which amanah saham is more prefer by chinese?

thinking to get but have no idea

even for Bumi, ASW2020, ASM, ASD are fully subscribed by Bumi, now only left AS1M available for Bumi.

yeah, some investors relying on dividend income for living, especially the retirees.
So April is always good month for ASM Top ups.

AMINT,

It doesn't matter as long you can invest maximum at $200,000 units.

the max 200K limit wont be revised. Pnb only allow the top up dividend, u cant put in fresh money once u have reached the max.

Smartinvestor01,

Yes, that's correct. The reason for establishment Amanah Saham Nasional Berhad, a wholly owned subsidiary of Yayasan Pelaburan Bumiputra is to created the awareness and the level of competence for bumiputra about investing for future. It aims is to help bumiputra from the governments and expand the bumiputra knowledge in mutual funds, not other races. that's the fact. Since ASB introduce ASB-loan, the assets from the PNB grew much fastest, it contains more than 100 billion fixed funds for ASB, a normal average 18 year old with employee contribution $88 Employee Provident Fund (EPF) can easily bought $50,000 ASB-loan. so, you can't expect much.

It continue with AHB, FELDA, Tabung Haji, Persatuan Bank Malaysia, Bank Rakyat and etc since it getting famous locally, lot of my friend whose patiently waiting for the next level of fixed funds for chinese but unfortunately been few years, never happened. As a results, they invest in property and cover the liabilities with amortization, and rental income, waiting appreciation. thus, still making money faster rather than putting in a peggy banks, mostly they were bankers and salesman.

u mean REITS, physical investments or overseas properties? Care to share how u got more ROI if u are not targeting capital appreciation?

now PNB will stick as it is and the big menara will outclass KLCC heh

Dividend is based on monthly rest thus calculate based on the lowest balance of each month.

You are welcome.
Be it As1m or ASB, all fixed price calculation is the same.

Bro, u r indirectly telling us your ASB is full until burst...
Hehe just kidding

yeah, for sure, the limit can only be increase due to the re-invested dividens, but once the limit increase, even after u take out the money, the limit increase is permanent and won't revert back to the original limit

unfortunately, i am in that category liao

no credit profile as i never had any loans under my name

Even the so called Amanah Saham 1Malaysia has Bumiputra quota... how to be 1 Malaysia with racial quota system ?
If the Bumiputera has no money to buy, give other races a chance to prosper.

after i have discussed with bank officer, we believe the quota allocation is not the main thing that currently still available. the main reason is ASG NAV will change from time to time (i.e. no capital guarantee as ASM & ASB).

After i have done the analysis, the highest fluctuation has reached to 39%. Thus, If i invest in highest NAV plus average 6% for 5 years, I will still lose 9% on capital.

This high risk investment with only average 6% return, they left to non-bumi, they keep ASB for bumi.